Solution-Determine the amount of cash collected from

Determine the amount of cash collected from receivables

Reference no: EM133025894

Question - The following account balances come from the records of Ourso Company:

	Beginning Balance	Ending Balance
Accounts receivable	$2,800	$3,600
Allowance for doubtful accounts	280	350

During the accounting period, Ourso recorded $14,000 of sales revenue on account. The company also wrote off a $150 account receivable.

Required -

a. Determine the amount of cash collected from receivables?

b. Determine the amount of uncollectible accounts expense recognized during the period.

Reference no: EM133025894

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Determine the amount of cash collected from receivables

Reference no: EM133025894

Reference no: EM133025894

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